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Prisa sells further 2.17% stake in Mediaset Spain

Thursday 26 February 2015 | 10:33 CET | News
Spanish media group Prisa has announced the sale of a 2.17 percent stake in the broadcaster Mediaset Espana in a move to further reduce its debt. The 8.8 million shares are currently worth around EUR 109.5 million. Prisa has progressively sold stakes in the Spanish unit of Italian broadcaster Mediaset and now owns just 2.98 percent of the company that controls the channel Telecinco. In total Prisa has sold 14.3 percent of its shareholding in Mediaset Espana since April last year, when it sold a 3.69 percent stake for EUR 121.2 million, followed by a further 8.5 percent acquired by Mediaset

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Categories: Broadcast & Satellite
Companies: Mediaset / Prisa / Telecinco
Countries: Spain
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